Here’s a look at the companies making headlines in intraday trading: Keysight Technologies — shares up more than 8%. The electronic test and measurement equipment company’s fiscal fourth-quarter results topped analysts’ revenue and profit expectations. Keysight also gave an optimistic outlook for the current quarter, predicting adjusted earnings of $1.65 to $1.71 per share, while analysts polled by FactSet expected earnings of $1.57 per share. Dolby Laboratories — The audio technology company reported fiscal fourth-quarter earnings of 61 cents per share, beating Wall Street expectations of 45 cents per share, sending its shares up 10%, according to FactSet. Dolby also raised its dividend by 10% to 33 cents per share. Powell Industries — Shares of the electrical equipment maker fell nearly 14%. Net new orders for fiscal 2024 were $1.1 billion, compared with $1.4 billion in the same period last year. The company pointed out that the share price decline was mainly due to the inclusion of three large projects in Powell’s oil, gas and petrochemical industry in fiscal 2023. The 2% gain exceeded analysts’ expectations. Azek reported earnings of 29 cents per share on revenue of $348.2 million. Analysts polled by FactSet expected earnings of 27 cents per share on revenue of $339.1 million. La-Z-Boy — Shares of La-Z-Boy rose nearly 3% after the furniture company reported fiscal second-quarter results. La-Z-Boy reported earnings of 71 cents per share on revenue of $521 million. That’s an improvement from the same period last year, when the company earned 63 cents per share on revenue of $511.4 million. La-Z-Boy also raised its quarterly dividend by 10% to 22 cents per share.
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